KARACHI: The Pakistan Stock Exchange witnessed a mixed trend on the first day of the trading week. The market continued to fluctuate due to cautious trading by investors. During trading, the market’s benchmark 100 index reached the level of 120,285 points at one point but ended the day with a slight decrease to close at 119,619 points.
On the last day of last week, the market closed at 119,649 points, compared to which a decrease of 29 points was seen today. According to experts, in the current situation, investors are keeping an eye on the country’s political situation, possible budget measures, and global economic changes. In such situations, the opportunities to make profit are less, so investors are mostly taking a cautious approach.
Economic analysts say that if investment-friendly measures are taken in the upcoming budget, the market may once again see a bullish trend. At present, there is also instability in the international markets, which is also affecting the local market. Investors are being advised to adopt a cautious strategy instead of haste and focus on long-term investments.
